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One JTEKT: JTEKT (Toyota Group) renamed 17 subsidiaries (Koyo Machine Industries to JTEKT Machine Systems, Toyooki Kogyo to JTEKT Fluid Power Systems, Koyo Electronics Industries to JTEKT Electronics, Houko to JTEKT Grinding Systems, Toyoda Van Moppes to JTEKT Grinding Tools, Yutaka Gears and Machinery to JTEKT Gear Systems, Formics to JTEKT Formics, TK Engineering to JTEKT Engineering, Yutaka High-Tech to JTEKT High-Tech, Koyo Machine Technologies to JTEKT Machines Techno, Koyo Sealing Techno to JTEKT Sealing Techno, CNK to JTEKT Coating, Daibea to JTEKT Precision Bearing, Koyo Metaltec to JTEKT Metaltec, Fuji Kiko to JTEKT Column Systems, KJK to JTEKT Metal Works, Koyo Magnetic Bearing to JTEKT Magnetic Bearing), leaving Koyo and Toyoda brands standing behind company's founding in 2006 (merger of Koyo Seiko, Toyoda Machine Works). In Czechia, company renamed Koyo Bearings Česká republika to JTEKT Bearings Czech Republic (production of bearings with more than 400 employees in Olomouc) and Fuji Koyo Czech to JTEKT Column Systems Czech (production of steering columns with 250 employees in Pilsen)
April 19, 2024 | 10:41am CETflashread more
Mototechna (Aures Holdings) Barometer: 21,730 nearly-new used cars (up to 4 years/20,000 km; petrol +0.7%, diesel -10.5%, LPG +34%, HEV +22.5%, BEV +39.4%) advertised in Czechia in Q1 with mean value (median) of price of CZK 690,000 (EUR 27,350, +CZK 10,200/+1.5% y/y). Offer grew by 2.3%/486 vehicles y/y
April 19, 2024 | 10:30am CETflashread more
2024 Bratislava Motor Show (Autosalon Bratislava): Incheba cancelled 31st exhibition of cars, vans in Bratislava, Slovakia (April 11-14). Reason for postponement is situation, that also affected all major world motor shows, related to uncertainty regarding participation of many brands at exhibition, organizer said. In 2023, nine exhibitors (Auto-Impex, AutoRoch-Slovakia, CWN/CampingWorld Neugebauer, Exclusive Cars Vertriebs, Frey Luxury Cars, M Motors SK, Plastonic, T.O.P. Auto Bratislava, TSM Slovakia) presented 15 brands (Aixam, Aston Martin, Bentley, Dongfeng, Fiat/Abarth, Ineos, Isuzu, Iveco, Lamborghini, McLaren, MG, Mitsubishi, Nissan, Piaggio, Voyah)
April 17, 2024 | 10:45am CETflashread more
Erste Group made changes in leasing activities in Czechia. Česká spořitelna (ČS) renamed leasing company sAutoleasing to Leasing České spořitelny and subsequently incorporated Erste Leasing. sAutoleasing continues as brand in field of sales of new and used cars in network of business partners. No changes in Slovakia (sAutoleasing SK)
April 17, 2024 | 10:27am CETflashread more
Pokorný: Car Importers Association (SDA) wants to refine statistics of new car registrations in Czechia by segments in 2024 with focus on SUV segment (B-SUV, C-SUV, D-SUV, E-SUV), when some brands have all SUVs in C-SUV report (Alfa Romeo, Cupra, DFSK/Dongfeng, Jaguar, Mazda, Subaru, Škoda)
April 15, 2024 | 12:48pm CETflashread more
Newmatec 2024: ZAP to hold 8th conference on new materials, technologies, innovations in automotive industry in Tále, Slovakia on April 23-24. Representatives of ZAP, Aspen Institute Central Europe, EP (European parliament), Volkswagen Slovakia, Škoda Auto, Jaguar Land Rover (JLR) Slovakia, Kia Slovakia, Volvo Car Slovakia, Schaeffler Kysuce, Ernst & Young (EY), Evolution Ltd, Industry4UM, M2M Solutions, Roriginal, Hikrobot to speak at event
April 15, 2024 | 12:40pm CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group down by 3.3% to 136,400 in Q1 (VW -2.6%; Škoda +12.3%; SEAT+Cupra -24%; VW Commercial Vehicles +29.4%; Audi +3%; Porsche -52.9%; MAN -10.6%; VW Truck & Bus +347.1%; Scania -36.5%; Navistar +330.8%). VW ID.4/ID.5 (34,600 cars), VW ID.3 (26,100), Audi Q4 e-Tron (including Sportback, 22,800), Škoda Enyaq (including Coupé, 14,000), Audi Q8 e-Tron (including Sportback, 9,600), VW ID. Buzz (including Cargo, 7,000), Cupra Born (6,900) were best-selling BEVs. However, incoming orders for BEVs in Western Europe developed positively in Q1. More than twice as many all-electric models were ordered as in same period last year (+154%), so that BEV order bank currently stands at around 160,000 vehicles, automaker said
April 15, 2024 | 12:34pm CETflashread more
Ministry of Transport of Czech Republic to increase number of sections with Safe Distance traffic signs (IP 32, visual form modification from January 1) from 6 to 20 in 2024, despite increasing number of technologies and assistance systems/ADAS integrated in vehicles (adaptive cruise control/ACC, automatic emergency braking/AEB, 2-second distance warning, intelligent recuperation). Reason is effect of reminder advertising and targeting drivers who do not consider failure to maintain safe distance to be dangerous, Kupka explained
April 12, 2024 | 04:32pm CETflashread more
Toyota & Lexus Corporate Mobility Festival 2024: Toyota to hold test event for companies, entrepreneurs in Hradec Králové, Czechia on April 17-18 with presentation of complete portfolio of products, drives, services, activities (cars, 4x4, commercial vehicles, conversions, accessories, Toyota Motor Manufacturing Czech, Kinto One, Toyota Gazoo Racing Czech, Toyota GR, classic cars)
April 12, 2024 | 04:09pm CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 1.4% in March, up by 3.1% to 2.1 million in Q1 (VW +1.2%, +5.7%; Škoda +0.5%, +5.2%; SEAT+Cupra +8.9%, +10.6%; VW Commercial Vehicles +3.7%, +7.8%; Audi -9.7%, -4.5%; Bentley -17.8%, -28.7%; Lamborghini +8.3%, +0.3%; Porsche -9.8%, -3.9%; MAN -22.7%, -12.3%; VW Truck & Bus +15.5%, -5.1%; Scania -0.5%, +16.8%; Navistar -2%, -14.5%)
April 11, 2024 | 03:24pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.1% m/m in March, down by 2.2% y/y (new: +0.0%, +1.2%; used: +0.1%, -4.5%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+1.3%, -0.4%), spare parts and accessories (+0.1%, +5.2%), fuels and oils (+1.6%, +4.8%), service works (+0.9%, +8.4%)
April 11, 2024 | 03:11pm CETflashread more
Institutions
Median: Czechs appreciate scrap bonus but are not likely to buy new car
June 11, 2009 | 11:52am CEToriginalAlmost 61% polled consider the scrap bonus a good thing. However, people are less enthusiastic about using the bonus...
read moreFuel prices increased by 2.3% m/m in May
June 10, 2009 | 08:33pm CEToriginalAll types of fuel went up compared to April, only LPG became cheaper. Specifically...
read morePrices of cars sold on Czech market became cheaper m/m in May
June 10, 2009 | 06:25pm CEToriginalNew cars and motorcycles became slightly cheaper, used car prices stagnated. Service work and spare parts and accessories...
read moreCar prices in EU fell by 3.1% in 2008, falling in 23 of 27 Union states
June 10, 2009 | 02:31pm CEToriginalPrices in the euro area fell less than in the whole Union. The drop in the Czech Republic amounted to 13%, in Slovakia…
read moreEPS sued BMW and Mitsubishi for information on fuel consumption and CO2 emissions in adverts
June 2, 2009 | 08:09pm CEToriginalIt is said that importers are stating these data in its promotional materials unclearly. The problem, according to the EPS, this problem applies to other brands...
read moreNegotiations on Opel without solution, General Motors closer to bankruptcy
May 28, 2009 | 11:36am CEToriginalFiat and Magna has obtained a status of prospective applicants. The European Commission wants to discuss Opel. The first proceedings will…
read moreKalousek: Scrap bonus initiation is asocial and immoral
May 25, 2009 | 10:45am CEToriginalFinance Minister Eduard Janota agrees with Kalousek but makes reference to...
read moreFinance Minister Janota: Scrap bonus money volume to be CZK 2.5 billion at most
May 24, 2009 | 08:16pm CEToriginalThe scrap bonus launching is now depending on the government. The mentioned amount would according to the selected drive satisfy...
read moreEC allowed three regions to provide subsidies for new CNG filling stations
May 23, 2009 | 11:45pm CEToriginalProviders of LPG filling stations do not like the CNG favouritism. They intend to defend...
read moreCable harness division of concern Alcoa bought by investment fund Platinum
May 21, 2009 | 12:16am CEToriginalPart of the purchase was also the Czech plant Alcoa Fujikura Czech in Stribro. The change of owner will not affect the production, but...
read moreSkoda Auto to produce transmissions into small concern car Up!
May 19, 2009 | 05:34pm CEToriginalThe company will invest over CZK 1.5 billion to the increased production of transmissions. Their production in Mlada Boleslav will then rise to...
read moreTransport vehicle prices fell by 0.5% m/m in April
May 15, 2009 | 09:30pm CEToriginalPrices of the industrial producers decreased by 2.5% y/y in April. Considering the whole year 2009...
read moreHouse of Commons approved scrap bonus, double contribution for eco-cars
May 15, 2009 | 04:45pm CEToriginalThe scrap bonus of CZK 30,000 will be paid when buying a vehicle with petrol or diesel engine. Cars with the alternative drive...
read moreFuel prices rising for third month, increased by 2.5% in April
May 13, 2009 | 08:42pm CEToriginalAn average price of the petrol Natural 95 was the highest for the last...
read moreCOI: Deficiencies found in third of tire and car services
May 13, 2009 | 02:52pm CEToriginalIn all cases, the inspection found a breach of information obligations when the client was not properly aware of...
read moreCar prices sold on Czech market stagnated m/m in April
May 13, 2009 | 02:23pm CEToriginalNew cars and motorcycles have slightly marked up, while prices of used cars slightly decreased. Service work, spare parts and accessories...
read moreEC approved takeover of Czech company Cadence Innovation by Canadian Magna
May 7, 2009 | 06:34pm CEToriginalThis transaction will reputedly not seriously interfere with the economic competition. Only on the plastic bumpers market…
read moreEC: Carmakers to be obliged to issue certificates of conformity to buyers
May 7, 2009 | 05:18pm CEToriginalPurchasing a car abroad should be simplified within the EU. Until now...
read moreEU’s petrol stations to be obliged to have escape steam extractions when tanking up
May 7, 2009 | 03:34pm CEToriginalThis will, among other things, lead to fuel savings. The petrol stations in the Czech Republic will not have any problems with it, because...
read morePecina, head of UOHS: Lesy CR violated law when purchased Audi limousines
May 5, 2009 | 11:07am CEToriginalAccording to Pecina, it is not possible for the enterprise to buy company cars from the importer only because they were offered a discount. The enterprise is now at risk from a fine...
read moreMartin Jahn resigned his membership in government advisory body NERV
May 3, 2009 | 10:11pm CEToriginalThe NERV will thus be nine-member only. Jahn, who supported the scrap bonus initiation during his membership in the NERV, has resigned...
read moreUOHS investigates state enterprise Lesy CR in terms of purchase of 7 Audi limousines
May 1, 2009 | 12:51pm CEToriginalThe antitrust office suspects the company of Public Order Act offence during car purchase worth millions of korunas...
read moreEC approved help for Fiat to develop Lancia Ypsilon's successor
April 29, 2009 | 07:54pm CEToriginalItalian government will then grant EUR 46 million to Fiat as a regional help which is part of an investment project for...
read moreBendl: Friday unenforced truck drives‘ ban might be offset by higher toll
April 29, 2009 | 07:14pm CEToriginalThe toll increase in some time zones might according to the minister encourage carriers to...
read moreUOHS: Erste Bank can be taken over by Weinviertler Sparkasse in Czech Rep too
April 21, 2009 | 06:27pm CEToriginalThe junction does not raise any serious misgivings about disturbance of economic competition because...
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Source: ECB, May 17, 2024